Sisi decides to put Egypt army companies on stock exchange

The Egyptian presidency announced that President Abdel Fattah al-Sisi met on Tuesday, with officials of companies affiliated with the Egyptian Armed Forces, to discuss offering these companies on the stock exchange and market. The official spokesperson for the Egyptian Presidency Bassam Rady said that the meeting reviewed “the position of companies affiliated with the National Service Projects Organization (NSPO) for trading it in the stock exchange.” Sisi was briefed on the start of procedures in preparation for offering shares of these companies for trading in the stock exchange, especially the National Petroleum Company and Safi Company. The decision aims to expand the ownership base of t

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Last updated : 16 Nov 2022 clock 01:44 PM

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